Interpreting intent infrastructure dappOS: Web3's 1995 moment
Author: @BTW0205
Recently, the intent execution network @dappOS_com completed a Series A financing round of $15.3 million led by Polychain, with a valuation reaching $300 million, becoming the leading project in the intent-centric track.
Polychain's investment in dappOS demonstrates the recognition of top European and American institutions for the intent-centric infrastructure track. We can see that top projects in this bull market, such as Bittensor (TAO), Celestia, Eigenlayer, and Babylon, have all received leading investments from Polychain, and these achievements have proven that projects led by Polychain have the potential to become top-tier projects. Furthermore, dappOS has also received seed round investments from top institutions such as @BinanceLabs, Sequoia Capital, and HashKey.
My attention to dappOS began during its seed round financing phase, watching it develop step by step into the leader of the intent-centric track.
"In my eyes, 'intent execution' is a significant track for the entire Web3 field; it is like Windows 95 in the early days of the internet, an indispensable part of Web3's popularization among mainstream users. Next, I will explain what intent execution is and what dappOS is doing.
1. From 50,000 to 1 billion: How Windows Opened the Internet's 1995 Moment
Before 1995, users had to operate computers through a command line interface, which required them to memorize various computer commands, such as file operations, network requests, and graphical displays. Although technical experts could use these commands efficiently, it was too complex and difficult for ordinary people to learn. As a result, the total number of internet users at that time did not exceed 50,000.
However, with the release of Windows 95 in 1995, the situation changed dramatically by providing a complete graphical user interface (GUI) and browser, leading to an explosive growth in internet users from 50,000 to 100 million in a short period. The GUI greatly simplified user interaction with computers by providing visual and intuitive icons, menus, and windows, allowing users without any technical background to perform complex tasks through simple clicks and drags.
2. Intent Execution Network: The Windows of Web3, the Key to Unlocking Blockchain's 1995 Moment
Currently, cryptocurrency technology is continuously creating new wealth myths, but many new groups outside the circle are stuck in a "no access to investment" situation due to high barriers. Old Wu believes this is the most urgent problem at present; we insiders always think about "breaking the circle" to attract external groups, while the reality is that a bunch of newcomers are anxiously waiting outside, which is very disconnected. This issue has become a consensus among insiders.
@VitalikButerin also mentioned that with the development of the L1-L2 layered strategy, the Web3 ecosystem has become further fragmented, and using these diverse and decentralized infrastructures has become a daunting task for users. The current development of the intent execution network is precisely aimed at solving these problems, and its significance is comparable to the transformation that Windows brought to the internet. The underlying functionalities of command prompts like DOS and Windows' GUI are consistent, but the intent and results of command prompts are disconnected; users need to master the commands for every intermediate step, such as file operations, network I/O, and visualization. In contrast, the GUI allows users to confirm their intent conveniently with a mouse click, without needing to understand the underlying technical details, thus directly achieving the expected results. This breakthrough made it unnecessary for users to undergo training, ushering in the intent-centric era of the internet, where users rapidly grew from 50,000 to hundreds of millions.
The current #Web3 industry is very similar to the internet's 1995 moment; it already has mature infrastructure and technically savvy professional users. However, users can only smoothly use dApps after understanding numerous technical concepts such as blockchain, Ethereum, BSC, Gas, and contracts. Once the intent-centric era begins, and these barriers are reduced to zero, when dApps become as easy to use as Douyin, it is foreseeable that the number of users will experience explosive growth. dappOS, which has received investments from numerous star institutions, is the leading project in the current intent execution network infrastructure. Next, let's see how dappOS builds the infrastructure to help users achieve results from intent to on-chain.
3. How dappOS Constructs the Intent Execution Network Infrastructure
dappOS is an intent execution network that transforms specific value intents into on-chain results by creating a bilateral market. On one hand, service nodes stake collateral to provide various intent execution services. On the other hand, it provides developers with an infrastructure to efficiently generate intent tasks to meet users' needs for converting intents into on-chain results.
dappOS proposes an Optimistic Minimum Stake (OMS), which is an innovative security mechanism very suitable for intent tasks. OMS requires each task to be associated with a predefined value and potential compensation in case of failure, allowing tasks to be executed before verifying results. If a task fails, the network punishes the responsible service provider through a consensus process, ensuring that either the user-submitted task is executed successfully, or the user receives the predetermined compensation.
The OMS system of dappOS benefits both service nodes—who only need to stake a minimum guarantee slightly higher than the total value of unfinished intent tasks—and users—who enjoy cost-effective and rapid task execution. The post-task verification process promotes decentralized verification strategies, enhancing the network's efficiency and security when handling diverse use cases. This infrastructure enables a seamless transformation of user intent into on-chain results and drives the emergence of a series of revolutionary scenarios:
Unified Account
The unified account of dappOS natively supports the dappOS intent execution network, allowing users to seamlessly manage and use their assets across various blockchains. Similar to the account experience of centralized exchanges like Binance, assets can be purchased with fiat or transferred from any chain without needing to worry about chains, gas payments, or other technical details, enabling direct transfers, trading, and seamless use in any dApp that supports dappOS.
Intent Assets
dappOS innovatively introduces the concept of intent assets, which can be seamlessly used in different scenarios, handling the complex details behind them through the dappOS intent execution network. Simply put, we can understand intent assets as the "Yu'ebao" in Web3. For example, the intentUSD issued by dappOS serves as an intent asset equivalent to a USD stablecoin, which can be used as USDT when users need USDT, as USDC when they need USDC, and automatically earn returns when idling in the account. This type of asset addresses the major scenario issues of stablecoins and LSD assets, allowing new users to avoid needing to understand the differences between homogeneous assets like USDC and USDT.
Real-time dApp Interaction
The intent execution network of dappOS provides an excellent execution framework for real-time dApp interactions. This framework allows users to achieve seamless transitions from initial states to final states with a simple signature. Many traditional implementation processes of intents involve numerous on-chain operations such as cross-chain, asset conversion, and contract authorization, which are essentially means rather than the user's goals. In contrast, dappOS's real-time interaction execution framework allows users to achieve their goals directly with a single signature, optimizing the user experience.
Moreover, through mechanisms like OMS, the real-time dApp interactions provided by dappOS ensure that all operations throughout the process comply with the decentralization and security standards of blockchain while also ensuring efficiency and low costs. This method of simplifying complex blockchain operations from the user's intent not only greatly enhances user convenience but also promotes the broader application and development of blockchain technology.
4. dappOS May Usher in Web3's "1995 Moment"
It can be seen that dappOS not only has carefully designed mechanisms like OMS for intent execution but also has many innovative application scenarios. This is why it has attracted investments from top capital like Polychain and Binance Labs.
The simplification of intent execution for users by dappOS is akin to what Windows 95 achieved back in the day. Therefore, the significance of dappOS for Web3 may be comparable to that of Windows 95 for the internet era, making it worthy of our close attention.
In the future, as dappOS continues to develop and improve in the Web3 field, we can expect more innovative applications to emerge, thereby promoting the growth and diversification of the entire ecosystem. With the addition of more users and developers, dappOS has the potential to become a key hub and underlying infrastructure connecting a wide range of Web3 applications and services, just as Windows 95 did for the internet in the past.
When various Web3 applications enter the scene, dappOS will be the threshold that must be crossed. Thus, dappOS can gain authority over the entire ecosystem from top to bottom, completely opening the access channels between the inside and outside of the circle, becoming the ecological infrastructure of the new era, and ushering in Web3's "1995 moment."